equity notes
INTRODUCTION 8
A. Reasons for a Trust 8
B. Definition of Trust 8
NATURE OF EQUITABLE INTERESTS 8
A. Definition of equitable interests 8
B. How equitable interests arise 9
C. Nature of Equitable Interests 9
D. Competing Legal and Equitable Interests 9
E. Summary 9
COMPLETION OF TRUSTS 9
A. The Concept of Vesting and Formalities for Transfer 10
Milroy v Lord (1882) - Strict Requirements for Transfer of Trust Property → everything must be done 10
Re Rose (1952) E.CA - Once Settlor has done everything necessary, the transfer is complete / the trust is constituted 10
Glynn v Commissioner of Taxation (1964) Aust. HCt. 11
Carson v Wilson (1960) Ont. CA - Testamentary dispositions are not valid trusts 11
Strong v Bird (1874) Eng. - Gift can be perfected on death if giftee becomes legal owner 11
Express Trust
#CarsonVWilson
#Law
#Equity
#TrustLaw
#ResultingTrust
#Settlor
#Beneficiary
#SecretTrustsInEnglishLaw
#DiscretionaryTrust
#PurposeTrust
#ExpressTrust
#BarclaysBankLtdVQuistcloseInvestmentsLtd
#MilroyVLord
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Found Helpful
73 Pages
Complete Study Notes
Year: Pre-2023
#CarsonVWilson
#Law
#Equity
#TrustLaw
#ResultingTrust
#Settlor
#Beneficiary
#SecretTrustsInEnglishLaw
#DiscretionaryTrust
#PurposeTrust
#ExpressTrust
#BarclaysBankLtdVQuistcloseInvestmentsLtd
#MilroyVLord
1
Found Helpful
73 Pages
Complete Study Notes
Year: Pre-2023This document is FREE
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